In their December SPAC merger, they told the world they were focused on consumer cars and a subscription to sales model and to sell their modular technology to third parties. Last month, they ditch the entire plan. Then the CFO stepped down. Even worse, Canoe was hyping its Hyundai connection to develop an all e-car platform, but have since dialed that down this partnership. The stock has sunk from $15 to $9.
Canoo is a American stock, trading under the symbol GOEV-Q on the NASDAQ (GOEV). It is usually referred to as NASDAQ:GOEV or GOEV-Q
In the last year, 2 stock analysts published opinions about GOEV-Q. 0 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canoo .
Canoo was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Canoo .
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Canoo In the last year. It is a trending stock that is worth watching.
On 2023-03-24, Canoo (GOEV-Q) stock closed at a price of $0.5866.